St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1887-04-25
SATURDAYS MARKETS
On the Chicago Board Of Trade Wheat
Developed Considerable Tenn
porary Activity.
Values Were, However, Kept Within q
Range of 5-8c, and Closed at a
Small Advance.
Local Influences COunterbalanced
Both the crop Adv1ces and
Foreign News.
Transactions in the Financial Circles
of Wall Street--General
Quotations.
Special 70 the Globe.

Special TO the Globe.
CHICAGO, April 23.-The clique got IL It's
work to-day and doomed May wheat to $40.
II was owing mainly to their pertinacity IN
booming it that decline did not take place
early. The gossips were again busy making
estimates on the situation of the market, SO
far as the clique holdings are concerned. 1t
is figured this way now. Kershaw Co. have
100000 bushels, Irwin. Green Il Co..
12,OOO,O00 bushels, Rosenfeld & Co. 6.0OO, 0OO
bushels, George c. Walker s. Co., 3,OOO000
bushels FoSs, Strong & Co. 100000 bushels,
George Baldwin & Co. 100000 bushels, Ben
sley Bros. 1000, 900 bushels, making total of
SO. 500 900 bushels all bought for May deliv-
cry. There are, il will be seen,
THREE NEW NAMES
in the clique coterie. Foss, Strong s. Co. are
SAID to have been taken in, so as to get the
diamond Jo'' cash wheat. There was lit
tie curiosity to know the whereabouts OF
Green, OF Irwin, Green & Co., and of c. j 9.
Kershaw, of c. j. Kershaw s. Co., the two
men who have been leading the clique opera
tors. The anxiety OF the crowd because
these two gentlemen are out of town shows how
much worry the Clique is causing the market
just now. The cliques are said to be arrang-
ing for the cash wheat in peculiar way.
They say TO the old and original carriers:
do you want to keep your wheat If you can
make fair interest on your money!! There
is only one answer to that question. Of
course, the carriers don't want to go out OF
business. The clique then proposes to them
TO put up margins to give them commission,
and TO give them May options. This puts
the old carriers i'll the attitude of brokers or
commission men to the bull coterie. 1t has
this advantage, it partly disarms the suspi-
cion OF the crowd: it relieves the Clique Of
odium that wonld be heaped on it if the cash
weut was gathered together in great block
and loaded up. Besides, it puts the Chicago
banks in better temper, and makes them
more inclined to advance literally on wheat.
THE ROUTINE REPORT
CHICAGO, April 23.-The wheat market was
one of activity to-day, though values were
kept within q range of 5sc and closed for the
day slightly higher than yesterday. The clos
ing figures are nearly the same as those cur
rent 1T the close of trading one week ago.
Local influences controlled the market as
usual and neither crop advices nor foreign
news had any effect upon the course of
prices. The export clearingS from the sea-
board aggregated 207, 900 bushels, and it was
estimated that the visible supply would dis
close q decrease of about 100000 bushels,
May delivery opened at sac, sold to S41ac,
declined to S31sc and closed at S4A@S43sc.
The trading in corn was rather light, but the
market ruled firm and closed fraction
higher owing to good shipping demand and
continued light receipts. Oats were dull and
closed shade easier. Mess pork was un-
changed. Lard and short ribs were lightly
traded in but closed a shade frmer.
THE QUOTATIONS.
The leading futures ranged as follows:
Wheat-No. 2. April, opened at $3.50, clos
ing at $3.50; May, sac, closing at S414@S4ssc;
June, S315c, closing at $500; July, S2%c,
closing at S2s4c. Corn-No. 2, April, 1885,
closing at 3S1sc: May, 3S5sc, closing at 3SS9c;
June, 4O1sc, closing at 4019@40Ac: July,
Age, closing at 4l5a@41s4c. Oats-No. 2,
April, 2Tssc, closing at 274c; May, 2Sszc,
closing at 2SAc; June, 2914c, closing at 29c;
barrel-April, 5000, closing at S20.5G; May,
$20.75, closing at S20.T5; June, $20.75, closing
at S20.75. Lard, per 100 pounds-April S7.l0,
closing at $40; May, S7127a, closing at
$1l0; June, S7.20, closing at $3.50; July.
$7.25, closing at $7.2T19. Short ribs, per
100 pounds-April S7.75, closing at SITS; May,
$7.7T1a, closing at ST. T71a; June. S7.921, clos
ing at $7.S77a; July, 5000, closing at S7.971a.
Cash quotations were as follows: Flour quiet
and unchanged. Wheat-No. 2 spring, 500
S315c; No. 3 spring, T19T9c: No. red, 83c.
Rye-No. 2, SIC. Rarley-No. 2, $4,000. Flax
Seed-No. /, $1.0S. Timothy Seed-Prime,
$1.64. Mess pork, per Dbl, S20.50 Lard, per
100 lbs, ST.101T.1215. Short ribs sides, loose,
$7.75@7.S0; dry sailed shoulders, boxed, SEQ
6.10; short clear sides, boxed, SS.10@S. 15.
Whisky, distillers' finished goods, per gal,
S1.1S Sugars, cut loaf, 64@65ac; granulared,
&c; Standard a." 55gc. Receipts-Flour,
10000 bbls; wheat, 100000 bu; corn, $4,000
bu: oats, $4,000 blu; rye. 2,00L blu; barley,
10000 bu. Shipments-Flour, 1000 bbls;
wheat, 5000 blu; corn. 1900 bu: oats, Sc, 900
bu: barley, LOCO blu. On the produce ex-
change to-day the butter market was quiet;
creamery, 16023c per ID; dairy, 15G21c.
Eggs, 11@1l34c per doz.